M_o_R Foundation

The M_o_R Foundation Certification is suitable for individuals who want to demonstrate they have sufficient knowledge and understanding of issues concerning the identification, assessment and control of risks across all organisational perspectives

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Target Audience

M_o_R (Management of Risk) is the global and best-known standard for risk management. This framework is suitable for any type of organization, as well as for all managers who want to adopt "Best Management Practice" - examples of best practice.

  • Business Change Managers, Programme
  • Project Managers, Risk Managers
  • Business, Programme and Project Support staff
  • Others from other disciplines, particularly those responsible for establishing standards and/or integrating them with MoP®, MSP® and PRINCE2®
Target Audience

Knowledge objective

  • Introduce MoR Principles, Processes and Perspectives
  • Showcase the use of the framework in both small and large projects
  • Demonstrate the benefits of Management of Risk in your organization

Approved Trainer

Ivan Gašparovič

Professional ITIL, Agile, Project (PRINCE2, PMI), Programme, Portfolio Manager. 

Agenda

Day 1
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09:00 - 10:30

Introduction to MoR®

  • When, how and why to manage risks
  • Pitfalls of inconsistent terminology in the world of risk management
  • The structure of the MoR® framework or what you can use in risk management
  • Connectivity of the MoR® framework with other standards in the field of risk management

10:30 - 10:45

Coffee Break

10:45 - 12:15

MoR® of Principle I.

  • Provide clear instructions
  • Support the goals of the organization
  • Adapt risk management to the context
  • Involve stakeholders in risk management

12:15 - 13:15

Lunch

13:15 - 14:45

MoR® Principles - II.

  • Build a supportive culture
  • Achieve measurable values
  • Facilitate continuous improvement
  • Provide information on risks for decision making

14:45 - 15:00

Coffee break

15:00 - 16:45

MoR® Approach (Methodological Procedures)

  • How to adapt the principles to the needs of the organization
  • Structure of management and supporting documentation for risk management
  • Practice test - risk management - homework

Day 2
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09:00 - 10:30

MoR® Process (IDENTIFY)

  • Setting benchmarks for risk assessment
  • Understanding the limitations and expectations of stakeholders
  • How to identify the goals of the organization and events threatening their fulfillment

10:30 - 10:45

Coffee Break

10:45 - 12:15

MoR® Process (ASSESS)

  • How to determine the order of individual risks
  • How to evaluate which risk is the most important and most urgent

12:15 - 13:15

Lunch

13:15 - 14:45

MoR® Process (PLAN, IMPLEMENT)

  • How to communicate about the state of risk in the organization
  • How to plan cost-effective measures to reduce threats or seize opportunities
  • What must the organization ensure for the effective and lasting functionality of the implemented measures

14:45 - 15:00

Coffee break

15:00 - 16:45

Incorporate and assess MoR®

  • Measuring the benefits of risk management
  • Change of organizational culture
  • Principles of integrating risk management into the life of the organization
  • How to find out the current state of risk management in the organization and where to start integration

Day 3
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09:00 - 10:30

MoR® Perspectives (Strategic, Programmatic)

  • How to manage strategic and program risks, including the application of MoR® principles

10:30 - 10:45

Coffee Break

10:45 - 12:15

MoR® Perspectives (Design, Operational)

  • How to manage strategic and program risks, including the application of MoR® principles

12:15 - 13:15

Lunch

13:15 - 14:45

** Summary and preparation for the exam **

  • Recapitulation of risk management issues
  • The importance of the basic elements of the framework MoR®

14:45 - 15:00

Coffee Break

15:00 - 16:45

Certification

  • Instructions
  • MoR® Foundation Certification Exam Prep

Management of Risk is suitable for risk management regardless of the size of the organization. M_o_R will use individuals, small and large companies, public administration and more ...

If you are responsible for implementing key projects, plans, or other types of activities, you need to deal with risk management. Because almost every decision you make is associated with a certain amount of risk.

The final exam takes place online after the course. All candidates will receive an exam voucher to book the date of the final exam themselves.

  • Block duration 90 minutes
  • Hours 24 hours
  • Refreshments Yes
  • Exam Yes
  • Prerequisites

    Experience with risk management in projects, programs, or organizations is an advantage. Not a condition.

Certification

Successful graduates of the Management of Risk (M_o_R) certification at the Foundation level receive internationally accredited certificates of management skills for risk management. They have in general comprehensive knowledge that risk managers use to identify, evaluate, and manage risk across organizations.

The M_o_R Foundation Certification Exam contains 4 key framework topics:
  • Principles
  • Approach
  • Processes
  • Corporate governance

Exam duration: 60 min

Pass mark: 35 out of marks

Closed book

Certification

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  • 08.03.23
  • Bohemia Faktoring, a.s.

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